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SEARCH HOME NEWS & FEATURES OPINION LIFESTYLE SPECIAL SECTIONS READER SERVICES | July 06, 2008

News Analysis: No Real Shortage in Oil Supply But Speculation Drives Global Prices Up

Published: April 24, 2006   |     |     |   Subscribe: RSS or Email    

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News analysis from Ibon: There is no shortage in the global oil supply but intense speculation is again increasing international oil prices. The unjustified oil price increases in the world market thus highlight the urgency to locally regulate the pricing of oil products and implement centralized procurement

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